Coffee: From Plantation to Cup
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Six months later the currency quotation was 45 @ 45^ cents, or 19|f cents in gold, then selling at 227.
These wide fluctuations in price show to what great disadvan- tage dealers operated. In August, Java sold at 58 @ 60 cents, the lowest pi-ices being made in January, when the market ruled steady at 40 @ 41 cents ; averaging for tlie year 49 cents. The average currency cost of Maracaibo and Laguayra was 41,59 cents, against 31,93 cents m 1863.
-1865 — The consumption exceeded that of the previ...ous year 19,059,653 THE COFFEE TRADE. 189 pounds, or nearly 17^ per cent,, due to the renewal of trade with the Southern States. It will be noted, by reference to the table of receipts of Java, that in 186-1 they were unusually heavy, reach- ing 0,381,908 pounds at New York, while in 1805 only 178,000 pounds were received. On January 1, 1865, there was a stock in Boston and New York of nearly 118,000 mats of Java coffee.
Prices were more uniform, and the trade transacted business upon a gold basis, so that from June, 1805, quotations are given in gold.
What to read after Coffee: From Plantation to Cup?
You can find similar books in the "Read Also" column, or choose other free books by Thurber, Francis Beatty, 1842-1907. [from Old Catalog] to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Six months later the currency quotation was 45 @ 45^ cents, or 19|f cents in gold, then selling at 227.
These wide fluctuations in price show to what great disadvan- tage dealers operated. In August, Java sold at 58 @ 60 cents, the lowest pi-ices being made in January, when the market ruled steady at 40 @ 41 cents ; averaging for tlie year 49 cents. The average currency cost of Maracaibo and Laguayra was 41,59 cents, against 31,93 cents m 1863.
-1865 — The consumption exceeded that of the previ...ous year 19,059,653 THE COFFEE TRADE. 189 pounds, or nearly 17^ per cent,, due to the renewal of trade with the Southern States. It will be noted, by reference to the table of receipts of Java, that in 186-1 they were unusually heavy, reach- ing 0,381,908 pounds at New York, while in 1805 only 178,000 pounds were received. On January 1, 1865, there was a stock in Boston and New York of nearly 118,000 mats of Java coffee.
Prices were more uniform, and the trade transacted business upon a gold basis, so that from June, 1805, quotations are given in gold.
What to read after Coffee: From Plantation to Cup?
You can find similar books in the "Read Also" column, or choose other free books by Thurber, Francis Beatty, 1842-1907. [from Old Catalog] to read onlineMoreLess
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